Fuel Price Shock Calculator
Conflict in the Middle East and disruption to shipping through the Strait of Hormuz — a chokepoint for roughly 20% of global oil supply — is pushing crude prices higher. Australia imports around 90% of its refined fuel, so local prices at the pump move closely with global crude.
What the scenarios mean at today's prices
+25%
$2.99/L ULP
$3.61/L diesel
+50%
$3.59/L ULP
$4.34/L diesel
+75%
$4.18/L ULP
$5.06/L diesel
+100%
$4.78/L ULP
$5.78/L diesel
Based on current Australian averages: $2.39/L unleaded · $2.89/L diesel · $0.30/kWh electricity. Electric and hybrid costs are included for comparison — electricity prices are scaled equally in each scenario.
What this means for you
At +100% fuel prices, a Toyota LandCruiser 300 costs $9,105/yr to run — compared to $954/yr for a Mitsubishi Outlander PHEV. That's a difference of $8,152/yr.
Annual fuel/energy costs only. All energy prices are scaled equally in each scenario. Figures are indicative; real-world costs vary.
Disclaimer: Figures are indicative only. Real-world results vary with load, driving behaviour, climate, and tyre pressure. Always verify current fuel prices at the bowser.
© 2026 costperkm.com.au · hello@costperkm.com.au